MK BUILDING
InactiveMK BUILDING was declared bankrupt on 05-10-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-10-2022, published in the Belgian State Gazette on 07-11-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-10-2020, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, abbreviated schema
Turnover
€259k
EBIT margin
-0.4%
Net result
€-1k
2018 · €33
2018: €33
2018 → 2019
Working capital
€14k▲ 11.7%
2018 · €13k
2018: €13k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€259k
Equity€22k-€21k▼ 6.1%
Operating result€-869-€-1k▼ 27.7%
Net result€33-€-1k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2019 against €869 in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €114k
Fixed assets
€7k▼ 41.4%
Current assets
€108k▲ 25.0%
Equity and liabilities €114k
Equity
€21k▼ 6.1%
Debt
€94k▲ 24.1%
The debt ratio rises from 77.5% to 82.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2018 · €4k
Cash flow
€3k▼
2018 · €5k
Solvency
18.0%▼
2018 · 22.5%
Current ratio
1.15▼
2018 · 1.17
Quick ratio
1.15▼
2018 · 1.17
ROE
-6.4%▼
2018 · 0.1%
ROA
-1.2%▼
2018 · 0.0%
Debt
€94k▲
2018 · €75k
Debt ≤ 1 year
€94k▲
2018 · €74k
Income taxes
€0=
2018 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€97k€114k▲
Formation expenses20€0€0=
Fixed assets21/28€11k€7k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€11k€7k▼
Financial fixed assets28€0€0=
Current assets29/58€86k€108k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€85k€105k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€97k€114k▲
Equity10/15€22k€21k▼
Contributions10/11€15k€15k=
Reserves13€19k€19k=
Profit (loss) carried forward14€-12k€-14k▼
Amounts payable17/49€75k€94k▲
Amounts payable after more than one year17€2k-
Amounts payable within one year42/48€74k€94k▲
Trade debts44€44k€80k▲
Income statement
Code20182019
Turnover70-€259k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Gross operating margin9900€6k€10k▲
Operating profit (loss)9901€-869€-1k▼
Recurring financial income75€0€0=
Recurring financial charges65€295€214▼
Profit (loss) for the period before taxes9903€33€-1k▼
Income taxes67/77€0€0=
Profit (loss) for the period9904€33€-1k▼
Profit (loss) for the period to be appropriated9905€33€-1k▼
Appropriation of the result
Return on contributions (dividend)694€0€0=
Timeline · acts, filings and financial milestones
2022
07-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · MK BUIL- DING BV KLAVERWEIDE 92, 3581 BEVERLO · event 25-10-2022
2021
13-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MK BUILDING BV KLAVER- WEIDE 92, 3581 BEVERLO · event 05-10-2021
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
06-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 57 days late
SignalNBB filing
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
05-10-2021 → present |